The Fox News Rundown
Extra: Kevin O'Leary Has Big Ideas About Canada And TikTok
Jan 11, 2025
Kevin O'Leary, the Canadian businessman and Shark Tank star, shares his provocative views on a potential economic union between Canada and the U.S., sparked by Trump’s controversial remarks. He discusses the implications of Canada possibly becoming the 51st state while advocating for changes in immigration and trade policies. O'Leary also dives into the future of TikTok, emphasizing the urgency of a Supreme Court decision and his desire to partner with small business investors, framing the challenges as both a business opportunity and a national security concern.
24:38
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Quick takeaways
- Kevin O'Leary advocates for a stronger economic relationship between Canada and the U.S. through potential changes in immigration and currency policies.
- He also emphasizes the importance of retaining control over TikTok for American businesses, highlighting the complexities of U.S.-China relations.
Deep dives
Trump's Vision for Economic Union
President-elect Donald Trump's proposal for Canada to become more integrated with the U.S. highlights an intriguing vision for an economic union. Kevin O'Leary argues that while Canadians are resistant to losing their sovereignty, many see the potential benefits of a stronger financial relationship. Trump’s concept includes ideas such as a common currency, reduced tariffs, and more straightforward border policies, which O'Leary believes could create significant economic advantages. He emphasizes that these changes could lead to a more powerful North American economy, addressing areas like trade imbalances and enhancing mutual investments.
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